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Google to help build cyber protection software for Australian infra

The software for organisations such as hospitals, defence bodies and energy suppliers will be customised to be in line with Australia's regulatory environment

Toll rises to 17 in pharma company reactor blast at Andhra's Anakapalli

Officials said they were scanning closed-circuit television footage and questioning the injured

Walt Disney tasks Morgan Stanley's Chairman Gorman to lead CEO search

Disney won a months-long proxy war earlier this year with activist investor Nelson Peltz who argued the company had underperformed

Chinese EV maker BYD eyes state incentives for Mexico manufacturing plant

Mexico's federal government, under pressure from the US, is keeping Chinese automakers at arm's length

Zoom raises revenue forecast on growing demand for AI tools in hybrid work

The company expects fiscal 2025 revenue to be between $4.63 billion and $4.64 billion

CCI warns staff over unauthorised media contacts, information disclosure

CCI is investigating high-profile companies and reviewing deals involving the likes of Amazon, Walmart's Flipkart, Reliance, Walt Disney and liquor maker Pernod Ricard

India remains net steel importer in April-July on rise in Chinese shipments

India imported 2.69 million metric tons of steel between April and July, and exported 1.57 million tons, the data showed

Census likely to begin in Sept as govt looks to plug data gaps: Report

It will take about 18 months to complete the new survey after it begins next month, two government sources directly involved in the matter said

China opens anti-subsidy probe into imported dairy products from EU

China will examine 20 subsidy schemes from across the 27-strong bloc, specifically those from Austria, Belgium, Croatia, Czech Republic, Finland, Italy, Ireland, and Romania, it said in a statement

Paytm proposes to cap salaries for certain board members to save costs

Paytm's independent board members will earn a maximum annual compensation of up to Rs 48 lakh ($57,228), the company said in a release

Warburg Pincus affiliate sells 2.36% stake in Kalyan Jewellers for $155 mn

The deal will see Highdell, the Warburg affiliate, sell over 24 million shares at 535 rupees each to Trikkur Sitarama Iyer Kalyanaraman, which currently holds 60.59% in the jeweller

Making good progress with IMF to get board approval: Pak finance minister

Pakistan is in talks with Saudi Arabia, the United Arab Emirates and China to meet gross financing needs under the IMF programme

France's sporting goods retailer Decathlon to invest $111 mn in India

The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment

UK watchdog shuts down investigation into app stores of Apple, Google

The body subsequently launched parallel investigations into both companies for alleged anticompetitive behaviour

China's Xiaomi beats Q2 revenue estimate, reveals auto unit sales

For the three months ending in June, Xiaomi's revenue rose 32 per cent to 88.9 billion yuan, beating the 85.8 billion yuan estimated by analysts, according to LSEG

Flour mills urge govt to release wheat stocks as prices hit 9 months peak

Last year the government started selling wheat from its reserves in June, and between June 2023 and March 2024 it sold a record amount of nearly 10 million metric tons from stocks

Putin ally Sergei Chemezov says West risks global war over Ukraine

Chemezov, CEO of the Rostec corporation which supplies many of Russia's arms for the war, said Russia felt confident and had enough weapons more than two years into what the Kremlin calls its SMO

UK borrows more than expected in July, underlining challenge for FM Reeves

The figures did not include recent pay deals struck between the new Labour government, elected last month in a landslide victory, and public sector workers including junior doctors

China has cut permits by nearly 80% for new coal power plants: Greenpeace

Greenpeace East Asia project lead Gao Yuhe said wind and solar expansion has been strong as coal building slows, but that it was unclear what slowdown meant for use of the carbon-intensive fossil fuel

Switzerland closer to being cashless, launches instant payment scheme

Instant payments are credit transfers that make funds available in the recipient's account within 10 seconds of a payment order being made rather than waiting for days for the cash to clear